Retail Premises With Class E Use, 2 & 2B Parker Terrace, Ferryhill, DL17 8JY
1,400 Sq Ft / Retail / Class E - incl Office Leisure Healthcare
For Sale
- £200,000.00
Available - Last updated: 17 October 2023
A freehold investment property with existing tenants at ground floor, situated in a parade of adjacent businesses on a busy main road, Ferryhill, County Durham. The property comprises a pair of self-contained shops situated within a terrace, arranged over ground and first floor level. (The ground floor being income generating only).
The upstairs is let out on a long term secured lease to an existing occupier at peppercorn rent only. The two ground floor retail units benefit a total income of £18,000 per annum, both with existing tenants on renewable leases commencing 1st February 2020. Rent Review 2027.
Location
The property is located on a main road close to local shops and amenities as well as the local Amazon distribution warehouse situated approximately 4 miles away. Numerous green open spaces exist. Transport links are evident via the A1 (M) motorway. Ferryhill has close proximity to Darlington and Middlesborough within 20 miles.
Accommodation
Size - 1,400 sq ft
Terms
Price - £200,000
EPC - C
Property Quote Price(s)
| Description | Sale type | Guide price | Price type |
| |
For Sale Freehold
|
£200,000.00
| NA |
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